I guess ‘green’ is here to stay and we will need to take advantage of all the energy savings and the tax savings we can get!

Take advantage of the U.S. Energy-Efficiency Tax Credit. This credit is available to homeowners for windows and doors that meet fairly strict energy efficiency guidelines. It also is available for other energy saving updates such as roofing, insulation, heating and ventilation, water heaters and biomass stoves.  The credit is available on the above improvements for up to 30 percent of the costs up to $1500.00 total lifetime credit. More credit is available for geo-thermal heat pumps, solar energy systems, and a few other systems.

Please go to http://www.nahb.org/fileUpload_details.aspx?contentID=113857 . This is a fairly comprehensive look at the energy tax credits from the National Association of Home Builders Remodelers group. It is very informative.

You can also go to the www.irs.gov website click on the Energy Efficiency and Renewable Energy Incentives – what individuals can do – area. This will guide you through the tax credit guidelines. Call your tax preparer or give us a call and we will get you the information or get you to someone that can help.